Search results for: South & Central Asia

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  • 4 May 2012
    Business & Finance

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it is strengthening its technology and engineering competence through two separate transactions. Seaonics AS, a subsidiary of STX OSV, is in the process of acquiring a shareholding interest in Castor Drilling Solution AS (CDS). Based in […]

  • 7 June 2016

    French LNG player Engie, on Monday said it has named Sébastien Arbola as CEO of the Middle East, South & Central Asia and Turkey (MESCAT) business unit, effective September 2016.

  • 5 March 2012
    Business & Finance

    Ezra Holdings Limited a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announces two further contract awards worth a total of  approximately US$131.5 million. Ezra’s fabrication division, recently rebranded as TRIYARDS, has been awarded a US$76.5 million contract to fabricate and deliver a self-elevating mobile […]

  • 4 May 2012
    Business & Finance

    Seadrill has received a Letter of Award for a five-year contract for the tender assist rig T18 by Chevron Thailand Exploration and Production Ltd. Commencement of operations is scheduled for the first quarter 2014, following the delivery to Chevron of tender assist rigs T15 and T16 during 2013. The estimated value of the five-year contract […]

  • 17 October 2011

    Indian energy major Reliance Industries​ will suspend oil and gas drilling pending an internal valuation of its exploration and production s… Source: Reuters [mappress] Source: Reuters , October 17, 2011;

  • 2 May 2012
    Business & Finance

    Coastal Energy Company announces the successful results of the Bua Ban South drilling, located offshore Thailand. A-03ST and A-05 wells. The Bua Ban South A-05 well was drilled to a depth of 3,525 feet TVD approximately 1,650 feet to the east of the A-04 well. The well encountered 20 feet of net pay across two […]

  • 22 March 2012
    Business & Finance

    Four shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co., Ltd with an American ship owner for the construction of four UT 771 CDL Platform Supply Vessels (“PSVs”) have been made effective on 15 March 2012 at a value of over US$ 105 million in total. Delivery of the above four vessels is expected to commence […]

  • 4 October 2011
    Business & Finance, Equipment

      RADWIN , the global provider of Backhaul and Broadband Wireless Solutions, today announced that its wireless communication systems were deployed by the China National Offshore Oil Corporation – a multi-billion dollar company and the largest offshore oil and gas producer in China. The China National Offshore Oil Corporation is using the RADWIN 2000 high-capacity […]

  • 8 August 2011
    Business & Finance

    The Board of Directors of Ezra Holdings Limited (“Ezra”) announces that Lewek Antares Shipping Pte. Ltd., a wholly-owned subsidiary company of Ezra, has been incorporated in Singapore with a paid-up and issued share capital of USD50,000.00, comprising 50,000 ordinary shares of USD1.00 each. Ezra is an integrated offshore support solutions provider for the oil and […]

  • 27 October 2011

    U.S. oil giant Exxon Mobil Corp discovered hydrocarbons in August off the coast of Danang, in central Vietnam, the company said on Thursday… Source: Reuters [mappress] Source: Reuters, October 27, 2011;

  • 24 April 2012
    Business & Finance

    French-based, international oilfield services provider, Technip has been awarded by Offshore Oil Engineering Co, Ltd (COOEC) a pipeline installation contract for the Liwan 3-1 shallow water project, located in the Pearl River Mouth Basin, China Sea, at approximately 300 kilometers South of Hong Kong, China. With a total length of 260 kilometers, the pipeline will […]

  • 8 November 2011
    Business & Finance

    – Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, today announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of contract wins is made up exclusively from subsea work […]

  • 26 February 2012
    Business & Finance

    Fugro Singapore has been awarded a major offshore geotechnical investigation contract by Reliance Industries Ltd on the East Coast of India. Fugro will carry out geotechnical investigations, laboratory testing and foundation design studies to allow detailed design of subsea infrastructure for the Dhirubhai Satellite Fields located in water depths of up to 1,850 meter. Fugro […]

  • 23 November 2011
    Business & Finance

      The Board of Directors  of CNOOC Limited announced today that, Mr. Li Fanrong has been appointed as the new Chief Executive Officer of the Company. The Board also announces that, due to his responsibility as the President of China National Offshore Oil Corporation which requires more of his time, Mr. Yang Hua resigned as […]

  • 14 February 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Fugro Subsea Services has been awarded a long term contract for subsea inspection, repair and maintenance services across Malaysia by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited (Shell). The contract will run for five years with options to extend. Fugro will establish a project office in Miri and a support facility in Labuan. Fugro […]

  • 25 October 2011
    Business & Finance

    Miclyn Express Offshore announced that it has entered into an agreement to purchase four new Crew/Utility Vessels from a Singaporean shipyard. Two vessels will be delivered in December 2011, with the remaining two to  be delivered in April 2012. These vessels are targeted for deployment in the Middle East and South East Asia against upcoming […]

  • 7 November 2011
    Business & Finance

    Global joint integrity specialist Hydratight has opened an office in Bangalore with sister company, Enerpac, to take advantage of a growing market in the region. The India office team will be headed by regional leader Murali Narasimhan, who was previously Hydratight’s area manager for Kuwait and India. “India is a strategic region for Hydratight and […]

  • 20 April 2011
    Business & Finance, Equipment

      An Oceaneering® Millennium® Plus work class Remotely Operated Vehicle (ROV) has set an ROV ultra deepwater drill support depth record offshore India while working at 3107m (10,194 ft) water depths. Millennium 77 has supported drilling operations on the Dhirubhai Deepwater KG2 for Reliance Industries, logging over 400 hours and 69 total dives at this […]

  • 9 August 2011
    Business & Finance

    Reliance Industries Limited has received the Government of India approval for its transformational deal with BP. “Reliance Industries is grateful to the Government of India for the approval, which will result in the largest foreign investment in the domestic hydrocarbon sector,” the company said in a press release today. BP will take 30% stake in […]

  • 12 July 2011
    Business & Finance

    Lundin Petroleum AB (Lundin Petroleum)  announced that it has discovered gas in the Tarap-1 well that was drilled in Block SB303, offshore Sabah, East Malaysia. Tarap-1 was drilled with the Offshore Courageous rig in a water depth of approximately 70 meters. The well was directionally drilled to a measured depth of 2,675 metres. The Tarap […]

  • 27 February 2012
    Business & Finance

    Roc Oil (China) Company advises that the Chinese Government’s State Oceanic Administration (SOA) has approved the Environmental Impact Assessment (EIA) for the Beibu Gulf project, which comprises the development of the WZ 6-12 and WZ 12-8 West oil fields located in the South China Sea. Approval of the EIA allows offshore development activities to commence. […]

  • 14 November 2011

      Cairn India has identified natural gas in its 2nd exploration well in Mannar basin, off the coast of Sri Lanka. Sri Lankan government stated that additional exploration will be required to see if the discovery is going to be commercially recoverable, Reuters reported. The president’s office explained that the Barracuda 1/G1 well which drilled […]